Centre for Strategic and International Studies' Habib said he was doubtful that the JETP would witness “any significant advancement” next year. — AFP
JAKARTA: Donald Trump’s victory in the US presidential election may hamper the progress of Indonesia’s Just Energy Transition Partnership (JETP), as analysts raise concerns that the US president-elect will not prioritise climate change mitigation.
Reuters wrote on Nov 6 that the president-elect would “refocus the nation’s energy policy onto maximising oil and gas production and away from fighting climate change”.
Moreover, Trump is expected to pull out of the Paris climate treaty again, after having done so in his first term as president in 2020.
M Abiyan Habib Dzakwan, a researcher at the Jakarta-based Centre for Strategic and International Studies, told The Jakarta Post on Tuesday that Trump’s incoming administration would focus on domestic economic growth and increasing energy production, especially through the use of fossil fuels.
Habib said he was doubtful that the JETP would witness “any significant advancement” next year, noting that the US$21.5bil climate pledge had already seen slow-paced disbursement under the current administration. He expected that the US president-elect would be more reluctant to provide such assistance.
“If we want more investments from American public and private investors, we must evaluate the attractiveness of the projects,” he said. — The Jakarta Post/ANN
